EQUITY MARKET (17th Aug 2026)

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment 14^th Jun 2026

As of 10:11(IST)

NSE ADVANCE/DECLINE: 

As of 10:12(IST)

NIFTY INDEX DAILY REPORT

Nifty 50 opened under moderate pressure, continuing a multi-session phase of consolidation. Reopening lower at 24,289.80, the index remained constrained beneath its recent resistance levels near 24,400- 24,500. Market sentiment was weighed down by broader macroeconomic headwinds, including persistent geopolitical uncertainty in the Middle East, elevated crude oil prices hovering near $88 a barrel, and initial weakness in global equity indices. Heavy selling in PSU banking, financial services, FMCG, and IT stocks dragged down the index, while buying in auto, healthcare, and telecom space helped cushion downside risks in nifty50. Technically, the index continued to form a higher-base consolidation pattern above key support zones around 24,200 , reflecting cautious institutional holding despite retail-led profit booking.

The Bank Nifty started the session on a muted note, finishing the session almost unchanged at 57,497.80 up by merely 6.70 points from previous close of 57,491.10. Broad-based selling across financial services, alongside notable weakness in public sector lenders like State Bank of India kept the banking index under sustained pressure. Major private heavyweights including HDFC Bank and ICICI Bank tried to limit the losses after recovering in the prior session; however, surging crude oil, a depreciating rupee, and cautious FII activity capped gains in the banking index, locking the index within a critical support range of 57,140–57,750.

The Nifty FMCG sector slipped into negative territory, tracking the overall market downward with a decline of roughly 1.05% to settle the day at 48,105.05. Major sector heavyweights, including ITC, ranked among the top drag on the benchmark index, offsetting potential gains from lower raw material expenses tied to recent pullbacks in crude oil prices. Profit-taking in defensive assets deepened as the session progressed, pushing the index down to the day’s low of 48,103.70 amid heightened international market volatility and cautious local investor sentiment.

The Nifty IT index experienced selling pressure during the session, plunging by 1.75% to touch settle at 30,807.80 against its prior close of 31,357.75. Widespread weakness across the sector was anchored amid drag from key constituents, including TCS, Infosys, LTIMindtree, and Mphasis. Investor sentiment toward technology stocks deteriorated under the weight of unfavorable global factors, notably a weaker dollar index which is currently trading near 99.36 and ongoing Middle Eastern geopolitical friction, which drove risk-off positioning in high-growth tech counters. 

NIFTY DAILY CHART

The Nifty50 trade with flat momentum index settled at the mark of 24,287.65, after hitting the intra day low of 24,226.95. But the index managed to sustain above the mark of 25,250, index is poised upwards towards the mark of 24,350 and 24,500 thereafter. But falling below 24,250 would push the index lower towards 24,100. 

Equity Market Technical Analysis Snapshot: Aug 17^th, 2026

NIFTY50:

Nifty opened around 24,343.45 and witnessed sharp selling after the opening, breaking the crucial 24,250 support and making a low of 24,226.95, briefly slipping below the 30-DMA. However, buying emerged from lower levels, helping the index recover and settle around 24,287.65, back above the 30-DMA. The trend remains sideways to bearish, with immediate resistance at 24,400 and 24,530, while support is placed at 24,250 and 24,100. Nifty remains below the 200-DMA and 11-DMA, while RSI at 49.26 indicates neutral-to-weak momentum. Sustaining above 24,250 could support consolidation, whereas a decisive break below this level may lead to further downside.

BANKNIFTY:

Bank Nifty opened around 57,418.30 and initially declined to a low of 57,119.60, near the support level anticipated, before witnessing a sharp recovery and making a high of 57,757.25. However, it failed to sustain the higher levels and settled around 57,497.80. The trend remains sideways, with resistance at 58,000 and 58,300, while support is placed at 57,350 and 57,100. The index is trading above the 200-DMA but below the 30-DMA and 11-DMA, indicating a mixed technical setup. RSI at 50.06 remains neutral, suggesting that a decisive breakout above 58,000 or breakdown below 57,100 could determine the next directional move.

NIFTY MID SELECT:

Nifty Mid Select opened gap-down around 14,937.05 and initially moved sideways before gradually recovering and making a high of 14,995.85. However, it failed to sustain near the 15,000 level and settled around 14,948.60. The trend remains sideways to bullish, with immediate resistance at 15,000 and 15,100, while support is placed at 14,900 and 14,800. The index continues to trade above its 200-DMA, 30-DMA, and 11-DMA, maintaining a positive technical structure. RSI at 58.35 indicates moderately positive momentum, with a sustained breakout above 15,000 likely to strengthen the bullish bias.

NIFTY REALTY:

Nifty Realty opened around 896.50 and initially declined to a low of 886.95 before witnessing strong buying momentum. The index rallied sharply to a high of 910.35, crossing above both the 11-DMA and 30-DMA, and settled around 908.40. The trend remains bullish, with resistance at 915 and 930, while support is placed at 900 and 890. The index is trading above its 200-DMA, 30-DMA, and 11-DMA, confirming a positive technical structure. RSI at 56.21 indicates healthy momentum, suggesting further upside is possible if the index sustains above the 915 resistance zone.

Pivot Table:

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment 17^th Jun 2026

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